Saudi Arabia: Renewables schemes launched
Issue 1032
- 24 Feb 2017
| 1 minute read
The Ministry of Energy, Industry and Mineral Resources launched its first requests for qualifications for the National Renewable Energy Programme on 20 February. It marks the start of an ambitious plan to develop 3.45GW of renewable energy by 2020 and 9.5GW by 2023. First round projects include the installation of 300MW of solar photovoltaic energy at Sakaka, in Al-Jouf province, and a 400MW wind project at Midyan, Tabuk province. The projects will be backed by a 25-year power purchase agreement for the solar scheme and a 20-year PPA for the wind project.
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